The European Union (EU) has officially enacted the Markets in Crypto-Assets (MiCA) bill into law after receiving final approval from finance ministers. The landmark legislation makes the bloc the first major jurisdiction in the world with a crypto licensing regime and a comprehensive package of rules aimed at regulating the cryptocurrency industry. The signing ceremony took place on May 31, with the participation of Sweden’s minister for rural affairs, Peter Kullgren, and European Parliament President Roberta Metsola. Later during the day, ministers further signed an agreement on implementing new measures that would ... (full story)